Achmea Investment Management B.V. Grows Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Achmea Investment Management B.V. raised its stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 158.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,475 shares of the company's stock after purchasing an additional 37,704 shares during the quarter. Achmea Investment Management B.V.'s holdings in Tyson Foods were worth $3,531,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in TSN. Riverview Trust Co increased its position in shares of Tyson Foods by 3,423.1% in the 4th quarter. Riverview Trust Co now owns 458 shares of the company's stock valued at $26,000 after acquiring an additional 445 shares during the period. Brooklyn Investment Group grew its stake in Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company's stock valued at $34,000 after purchasing an additional 570 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new position in shares of Tyson Foods in the third quarter valued at about $36,000. SRS Capital Advisors Inc. raised its stake in shares of Tyson Foods by 58.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock worth $36,000 after purchasing an additional 229 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of Tyson Foods during the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 67.00% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Stephens raised their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 4th. Citigroup lowered their price target on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. HSBC upgraded Tyson Foods from a "reduce" rating to a "hold" rating in a research note on Monday, February 3rd. Barclays lowered their target price on Tyson Foods from $76.00 to $75.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. Finally, UBS Group assumed coverage on Tyson Foods in a research report on Friday, January 10th. They set a "neutral" rating and a $62.00 price target for the company. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $61.10.

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Tyson Foods Price Performance

TSN traded up $0.29 during midday trading on Wednesday, hitting $60.80. 1,998,512 shares of the company traded hands, compared to its average volume of 2,507,500. The business has a 50 day simple moving average of $58.22 and a two-hundred day simple moving average of $59.79. Tyson Foods, Inc. has a 52-week low of $53.61 and a 52-week high of $66.88. The company has a market capitalization of $21.66 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 0.74 and a beta of 0.72. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.35. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The firm had revenue of $13.62 billion for the quarter, compared to analyst estimates of $13.46 billion. During the same period last year, the company posted $0.69 EPS. Tyson Foods's quarterly revenue was up 2.3% compared to the same quarter last year. On average, equities analysts forecast that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.29%. Tyson Foods's payout ratio is currently 67.57%.

Tyson Foods Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.